Microsoft Corporation (NASDAQ:MSFT) And Smartwatch Vendor Olio Have Signed An Unconcealed-Licensing Agreement

Microsoft Corporation (NASDAQ:MSFT) and smartwatch vendor, Olio Devices LLC, are now reading from the same script after announcing a patent licensing agreement that will cover wearable devices. While many are thirsty for details, the companies decided to not to divulge much information at the time.

Story continues below

Read Now:Serious Security flaws uncovered in IOS, Android and others.

According to a Microsoft spokesperson, the company was not ready yet to issue an additional comment about the deal other than the announcement of its signing. Hence, it is not clear as to whether this is the general Android patent-protection-type agreement.

In ordinary circumstances and after signing an Android licensing agreement, Microsoft is usually very quick to divulge the details. But going by a Microsoft phrase that often accompanies Android patent-licensing deals perhaps Olio’s licensing is a way of making the company’s licensable intellectual property available.

More from Market Exclusive

Apparently, another notable thing is that a majority of employees in Olio previously worked for Apple Inc. (NASDAQ:AAPL) and Alphabet Inc (NASDAQ:GOOG). On the other hand, Olio iPhone and Android applications are both available, but there is no Windows Phone application.

A page on Olio’s website categorically talks about the Olio Devices applications that include plenty of open source libraries as well as their licenses. And on the list are Google Analytics and GoogleMaps.

Well, with all this unfolding around Microsoft and Olio, it is not easy for readers to deduce what is next. In any case, the question remains as to whether or not the new partnership between the two is meant to bring attention to the growing Android-licensing coffers.


An ad to help with our costs